Commercial Real Estate Market in Sagaponack, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
6 active listings and 14 off-market properties in Sagaponack, NY.
Market Trends
Sagaponack, NY spans 5.9 square miles in Suffolk County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Sagaponack, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Sagaponack, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Sagaponack, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Sagaponack, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 96.6%
- Planned_development 1.9%
- Open space 1.5%
Largest Zones share of zoned land by district
Single Family Residence District
Single Family Residence District
Single Family Residence District
Open Space Conservation And Park District
Agricultural Planned Development District
Sagaponack, NY zones 2,877 acres across 6 districts. The largest single district is Single Family Residence District at 70.8%.
Single Family Residence District (R120)
R-120 District, 65%, and as provided for in Chapter 190 , Subdivision of Land, of the Village Code. This subsection shall not be construed to limit the applicability of Chapter 190 to any other lot or land outside of the Agricultural Overlay District. [2] [2]
Market overview
Demographics & Economy
Sagaponack, NY has 1,099 residents in 942 households. Density runs 187 people per square mile. Median household income here is $89,886.
1,099
Population
942
Households
1.2
Avg Household Size
49
Median Age
83%
College-Educated
96%
High-School Grad
5.9 sq mi
ZIP Area
187
Density / Sq Mi
$89,886
Median Household Income
$80,521
Median Earnings
$0
Median Rent
$1,933,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Watermill | — | — |
| East Hampton | — | $81.35 |
Commercial property in Sagaponack, NY asks $4,321/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sagaponack?
Commercial property in Sagaponack, NY asks an average of $4,321 per square foot.
What zoning applies to commercial property in Sagaponack?
Sagaponack, NY zones 2,877 acres across 6 districts, of which 0% is commercial and 0% industrial. The largest single district is Single Family Residence District at 70.8% of zoned land. R-120 District, 65%, and as provided for in Chapter 190 , Subdivision of Land, of the Village Code. This subsection shall not be construed to limit the applicability of Chapter 190 to any other lot or land outside of the Agricultural Overlay District. [2] [2] Residential zoning covers 96.6% and open space 1.5%.
Where does Realmo's Sagaponack market data come from?
Realmo compiles Sagaponack, NY figures from 5 active sale listings, 1 active lease listings, 14 tracked off-market properties, the current Sagaponack zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 1 active for-lease listings in Sagaponack, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,877 zoned acres across 6 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
